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Locational Marginal Pricing 101
 
This one-day course provides a more in-depth look at locational marginal pricing (LMP) and related concepts. The course will examine the inputs to LMP, how LMP is used within PJM and provide several LMP examples. Fixed Transmission Rights (FTRs) will also be defined and explained as a hedging mechanism to transmission congestion charges.
Target Audience: Load Serving Entities/Electric Distribution Co.
Power Marketers/Traders
Delivery Method:In Person
Related Courses: LT-FTR
ARR-FTR
NERC Approved: No
NERC ILA #: 0
NERC TOTAL CEH: 0
     Standards CEH: 0
     Simulation CEH: 0
     EOP CEH: 0
Topics:
  • Definition of Locational Marginal Pricing (LMPs)
  • LMP Examples
  • Financial Transmission Rights (FTRs)
  • FTR Auctions
  • eFTR Internet Tool
Other Information:
Cost: There is no charge to PJM members.  Non-members are charged a nominal fee.  Please contact TrainingSupport@pjm.com for more details